This month i had 7 credit card enquiries

[Deleted member 30411]

I don't know what happened to me this month as in just 15-16 days I had applied for 7 banks credit card hard enquiries (received SMS from cibil).

This started with RBL PLAY CC through BMS app, i just filled my details & it showed pre-approved limit & got card within 3-4days

Then I searched for instant approval cards on Google & got IDFC card same as RBL card with pre approved limit

& Then got Flipkart Axis Bank credit card with pre approved

This had really spoiled my habit as I apply rarely for one card/month

Then I applied for:
ICICI Amazon- Rejected
AU bank- rejected
indusind bank - Rejected
AMEX card: 😂😂😂 - REJECTED (TODAY ONLY)

this is totally crazy decision I have ever taken till now in my financial matters....

Now will it effect my CREDIT SCORE?

& Will it effect my existing credit cards in any way like limit decrease etc.

As there is still 5 days to get a refresh from ONE SCORE FREE credit score.

Last checked CIBIL - 770+

 

[coolguy1]

Slown down, bro! The credit cards are not disappearing next month, you can apply for all of them slow and steady.

Amex does care about your very recent credit enquires and the number of enquires a lot.

Next time when you apply, just send me a DM before you do so that I can share some tips that will boost your chances of approval! 🙂

 

[anonymuos]

This RBL and Axis must be paid, right? You are still finding them worth it with annual fees+GST?

 

[SSV]

I don't know what happened to me this month as in just 15-16 days I had applied for 7 banks credit card hard enquiries (received SMS from cibil).

This started with RBL PLAY CC through BMS app, i just filled my details & it showed pre-approved limit & got card within 3-4days

Then I searched for instant approval cards on Google & got IDFC card same as RBL card with pre approved limit

& Then got Flipkart Axis Bank credit card with pre approved

This had really spoiled my habit as I apply rarely for one card/month

Then I applied for:
ICICI Amazon- Rejected
AU bank- rejected
indusind bank - Rejected
AMEX card: 😂😂😂 - REJECTED (TODAY ONLY)

this is totally crazy decision I have ever taken till now in my financial matters....

Now will it effect my CREDIT SCORE?

& Will it effect my existing credit cards in any way like limit decrease etc.

As there is still 5 days to get a refresh from ONE SCORE FREE credit score.

Last checked CIBIL - 770+

How old is your credit profile with credit bureaus?

 

[JAM]

Were you planning to spend all your money as well this month ?

 

[Deleted member 30411]

How old is your credit profile with credit bureaus?

2.5 years old

 

[Deleted member 30411]

This RBL and Axis must be paid, right? You are still finding them worth it with annual fees+GST?

Yes RBL has no joining but annual fees & I am thinking of closing it before the end of this fy, but Flipkart Axis Bank is good I do lots of shopping from Flipkart & it's providing 5% cashback on Flipkart which is worth it's annual & joining fees

 

[SSV]

I don't know what happened to me this month as in just 15-16 days I had applied for 7 banks credit card hard enquiries (received SMS from cibil).

This started with RBL PLAY CC through BMS app, i just filled my details & it showed pre-approved limit & got card within 3-4days

Then I searched for instant approval cards on Google & got IDFC card same as RBL card with pre approved limit

& Then got Flipkart Axis Bank credit card with pre approved

This had really spoiled my habit as I apply rarely for one card/month

Then I applied for:
ICICI Amazon- Rejected
AU bank- rejected
indusind bank - Rejected
AMEX card: 😂😂😂 - REJECTED (TODAY ONLY)

this is totally crazy decision I have ever taken till now in my financial matters....

Now will it effect my CREDIT SCORE?

& Will it effect my existing credit cards in any way like limit decrease etc.

As there is still 5 days to get a refresh from ONE SCORE FREE credit score.

Last checked CIBIL - 770+

2.5 years old

Okay coming to your questions...

Impact on cibil score

Yes there will be some impact on your cibil score..but the score will be recovered slqoly within about 6 months..not to worry..
The unpadt on sco4e will also be very limited. Your new score will be around 760 based in other factors as well ..
Nevertheless it will be recovered..

Impact on current CCs limits

Don't worry, nothing happens to your CLs on current CCs held... but do not repeat this feat again for general wellbeing of your credit profile..

To Do:
1) don't apply for any other cards for next 6 months
2) all the cards you applied for and got Rejected are easy to get and contact me after 6 months. We will do something to avoid rejection..

Note: you can apply for some cards after 3 months. Please wait for at least 3 months and then ask me..
All the best..

 

[Wealth is my birth right!]

I don't know what happened to me this month as in just 15-16 days I had applied for 7 banks credit card hard enquiries (received SMS from cibil).

This started with RBL PLAY CC through BMS app, i just filled my details & it showed pre-approved limit & got card within 3-4days

Then I searched for instant approval cards on Google & got IDFC card same as RBL card with pre approved limit

& Then got Flipkart Axis Bank credit card with pre approved

This had really spoiled my habit as I apply rarely for one card/month

Then I applied for:
ICICI Amazon- Rejected
AU bank- rejected
indusind bank - Rejected
AMEX card: 😂😂😂 - REJECTED (TODAY ONLY)

this is totally crazy decision I have ever taken till now in my financial matters....

Now will it effect my CREDIT SCORE?

& Will it effect my existing credit cards in any way like limit decrease etc.

As there is still 5 days to get a refresh from ONE SCORE FREE credit score.

Last checked CIBIL - 770+

Dude…real craze
Lol
Enquiries wont let down ur score much in my opinion so no worries
But card rejection is not good sign to apply again with that bank in future
Slow and steady
Aim for one bank one card in a quarter thats a good speed

 

[Deleted member 30411]

Okay coming to your questions...

Impact on cibil score

Yes there will be some impact on your cibil score..but the score will be recovered slqoly within about 6 months..not to worry..
The unpadt on sco4e will also be very limited. Your new score will be around 760 based in other factors as well ..
Nevertheless it will be recovered..

Impact on current CCs limits

Don't worry, nothing happens to your CLs on current CCs held... but do not repeat this feat again for general wellbeing of your credit profile..

To Do:
1) don't apply for any other cards for next 6 months
2) all the cards you applied for and got Rejected are easy to get and contact me after 6 months. We will do something to avoid rejection..

All the best..

Thank you 👍

 

[Zacobite]

I don't know what happened to me this month as in just 15-16 days I had applied for 7 banks credit card hard enquiries (received SMS from cibil).

This started with RBL PLAY CC through BMS app, i just filled my details & it showed pre-approved limit & got card within 3-4days

Then I searched for instant approval cards on Google & got IDFC card same as RBL card with pre approved limit

& Then got Flipkart Axis Bank credit card with pre approved

This had really spoiled my habit as I apply rarely for one card/month

Then I applied for:
ICICI Amazon- Rejected
AU bank- rejected
indusind bank - Rejected
AMEX card: 😂😂😂 - REJECTED (TODAY ONLY)

this is totally crazy decision I have ever taken till now in my financial matters....

Now will it effect my CREDIT SCORE?

& Will it effect my existing credit cards in any way like limit decrease etc.

As there is still 5 days to get a refresh from ONE SCORE FREE credit score.

Last checked CIBIL - 770+

yes score is gonna drop!!..